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Politicians and Their Reasons | AIER

CFO News Room

Sri Lanka’s foreign currency reserves have dropped to around $250 million, a staggeringly low number compared to its $7.6 One was the rapid loss of Sri Lanka’s foreign exchange reserves. billion reserves at the end of 2019. Experts’ responses to Sri Lanka’s economic crisis have varied. Selected Publications.

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What Investors Need to Know

CFO News Room

We specifically mentioned three cryptocurrencies in this article, but there are actually more than 10,000 coins in the crypto world, so it’s important to categorize the coins before making investment decisions. By knowing the top trends and investment opportunities, you can incorporate exposure to digital assets into your portfolio.

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BitPesa Restructures, Secures $15M For Expansion

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B2B FinTech BitPesa , which operates a platform offering foreign exchange and cross-border payment services, is restructuring and has announced new funding to support its expansion efforts. The company focuses on global currency trading solutions and financial services in both the B2B and B2C frontier.

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Banking-as-a-Service Tops This Week's B2B VC Roundup

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But it was a Banking-as-a-Service company that led the roundup this time, with one startup looking to expand into Credit Cards-as-a-Service with its latest investment. The company secured the funding from an unnamed angel investor, reports said. million in new funding for U.K.-based and Hong Kong.

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Rising Use of the Fed’s Discount Window Raises Questions

CFO News Room

Policy rates were yanked to Zero Interest Rate Policy (ZIRP) levels, facilities were extended to provide liquidity to firms having difficulty selling securities in the primary and secondary markets, and direct lending to individuals and firms reached never-before-seen levels. If something worse is brewing, much sooner. Peter C.

Economics 130
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Western Union Rolls Out Full API Access For International Payments

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Through this investment, we have enriched our API capabilities to ensure our customers receive a best-in-class experience when using our products and integrating their data,” said Scott Johnson, global head of product for Western Union Business Solutions. Domestic and cross-border payments are supported in over 130 currencies.

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InstaReM Raises $41M To Expand Into Latin America

PYMNTS

The most recent round was led by Vertex Ventures’ global growth fund and Antinum Investment in South Korea. InstaReM isn’t the only payment company that is using xRapid to send payments around the world quickly and securely. In November it raised $20 million in capital from investors.